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Property investment stats for Cross Hands and Pen-y-groes, Wales

A complete guide to property investment in Cross Hands and Pen-y-groes.

Last updated: 18 September 2025

Investment summary

Cross Hands and Pen-y-groes offer a blend of affordability and steady growth, making them appealing for investors who value long-term stability. The price-to-income ratio sits at 4.4, signalling that property remains accessible compared to many UK regions. Over the past three years, the area has seen capital growth of 28.6% and an annualised growth rate of 8.7%, which points to a market that has delivered solid returns for those with a medium-term view. Property typically spends around 61 days on the market, suggesting moderate liquidity for sellers and buyers alike.

Image of Cross Hands and Pen-y-groes, Wales

Key investment stats for Cross Hands and Pen-y-groes

Median price per sq ft

£219 / sq ft

Average rental yield

-

Capital growth (1y)

-1.6%

Sales in past year

122

* Property stats calculated for last full calendar year (2024).

Live property stats in Cross Hands and Pen-y-groes

Live prices in Cross Hands and Pen-y-groes, Wales

* Extreme prices clipped for legibility

Properties for sale

Median price

£272,475

25% of properties below...

£183,125

75% of properties below...

£332,500

Most expensive property

£550,000

Live listings

82

Median days on market

61

Should you invest in Cross Hands and Pen-y-groes?

Opportunities

  • The area’s strong three-year capital growth of 28.6% and annualised growth of 8.7% provide confidence for investors seeking capital appreciation.
  • With a price-to-income ratio of 4.4, affordability is a key selling point for both buyers and renters, potentially supporting steady demand.
  • The top local rental yield, at 4.4%, offers a reasonable return for buy-to-let investors focusing on income.

Risks

  • The one-year capital growth has changed by -1.6%, suggesting that recent momentum has slowed and short-term gains may be limited.
  • The median discount to asking price is £3,450 (the typical achieved discount), indicating buyers may have room to negotiate, which could affect sellers’ pricing power.
  • The area’s relatively high owner-occupier rate (in the 85th percentile) means the private rental market is smaller, which may limit rental liquidity.

Outlook

Looking ahead, Cross Hands and Pen-y-groes are likely to maintain their appeal for value-focused investors. The combination of affordability, a solid track record of growth over three years, and a reasonable rental yield should help underpin demand from both buyers and renters. However, the recent change in short-term capital growth means investors should temper expectations of rapid gains and take a medium- to long-term view.

Liquidity appears balanced, with properties spending 61 days on the market and a modest discount to asking price. For those seeking a stable, affordable entry point with potential for gradual appreciation, this area remains a contender.

Live properties in Cross Hands and Pen-y-groes

Investment properties in Cross Hands and Pen-y-groes, Wales

2 bedroom detached house for sale
12% below median price

£195,000

2 bedroom detached house for sale

Cross Hands Road, Gorslas, Llanelli

Properties needing refurbishment in Cross Hands and Pen-y-groes, Wales
Needs Refurb
3 bedroom detached bungalow for sale
On market for 163 days

£275,000 - Offers in Region of

3 bedroom detached bungalow for sale

Grove Hill Park, Gorslas, Llanelli

Slow to sell properties in Cross Hands and Pen-y-groes, Wales
Slow to Sell
3 bedroom detached house for sale
Reduced by 12%

£149,950 - Offers in Region of

3 bedroom detached house for sale

Waterloo Road, Penygroes, Llanelli

Big price drop properties in Cross Hands and Pen-y-groes, Wales
Big Price Drop
Detached house for sale

£55,000 - Guide Price

Detached house for sale

Bridge Street, Penygroes, Llanelli,...

Properties with planning granted in Cross Hands and Pen-y-groes, Wales
Planning Granted
3 bedroom semi-detached house for sale
21% below median price

£159,000 - Offers in Region of

3 bedroom semi-detached house for sale

Bryn Road, Penygroes

Low price-per-sq-ft properties in Cross Hands and Pen-y-groes, Wales
Low Price per Sq Ft

Achieved vs asking prices

Key takeaway: Balanced market

Discounts exist, but they won't transform deal economics on their own.

Headline stats

• Median discount: £3,450

• 1 in 4 properties sell at > £9,950 below asking

• 1 in 10 properties sell at > £14,995 below asking

In percentage terms:

• Median discount of 2.0%

• 25% of properties discounted by > 3.7%

• 10% of properties discounted by > 7.4%

Best places to invest in Cross Hands and Pen-y-groes

Top postcodes for rental yield and (annualised) capital growth

Rank
Postcode
Yield
Capital growth
Median £/sq ft
1SA144.4%4.7%£193 / sq ft

Nearby and related areas

Data sources

GeoGlider calculates property investment stats by blending official and proprietary datasets. Here's a quick overview of key sources and how we use them:

  • HM Land Registry: Property transaction and sold-price records for England & Wales used to calculate historical capital growth, price levels and comparables.

  • Office for National Statistics (ONS): Demographic and economic indicators for the UK, including Census 2021, supporting area profiling and market context.

  • Ordnance Survey: Authoritative UK geospatial data powering accurate boundaries, roads and terrain for mapping and spatial analysis.

  • GeoProp: Our proprietary AI pipeline that processes millions of property listings to extract rich features and live market signals.

  • Department for Levelling Up, Housing & Communities: Energy Performance Certificate (EPC) scores and property floor areas.

  • HM Revenue & Customs (HMRC): Household income and employment data to understand local affordability and economic conditions.

Data is updated continuously, matched across sources and rigorously validated.